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Author Topic: Btc 100% in control of the market may not end  (Read 4719 times)

Offline Bobcrypto

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Btc 100% in control of the market may not end
« on: February 09, 2022, 09:23:34 PM »
I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

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Btc 100% in control of the market may not end
« on: February 09, 2022, 09:23:34 PM »

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Offline Gposas

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Re: Btc 100% in control of the market may not end
« Reply #1 on: February 09, 2022, 09:54:53 PM »
Bitcoin has been the main determinant factor controlling the crypto market price movement.
Therefore the possibility of Bitcoin control of market price to end is very low to me, maybe this can happen when Bitcoin go on extinction in the crypto market. That is my thought.

Offline dekafee79

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Re: Btc 100% in control of the market may not end
« Reply #2 on: February 10, 2022, 06:12:30 AM »
I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

Yeah, I think bitcoin will dominant until the crypto will end because until now there's not potential coin which replace bitcoin domination.

Offline Bobcrypto

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Re: Btc 100% in control of the market may not end
« Reply #3 on: February 10, 2022, 10:07:59 AM »
This is one of the reasons that many crypto enthusiast will continue to hold, trade and invest on Bitcoin on a long term. I just think that this dominance is too obvious and is making the entire altcoins unvalued in the sense that they can not appreciate in value without Bitcoin price movements.

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Offline Alcor

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Re: Btc 100% in control of the market may not end
« Reply #4 on: February 10, 2022, 10:47:49 AM »
I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

Yeah, I think bitcoin will dominant until the crypto will end because until now there's not potential coin which replace bitcoin domination.
I do not agree with this opinion. Now altcoins are developing at a very fast pace. A certain part of them are quite promising and investments that were previously intended for bitcoin go into these altcoins. Bitcoin, on the other hand, is practically not being improved, its competitiveness is already very weak. Its popularity is largely based on people's belief that its price will continue to rise rapidly for a long time to come. If that doesn’t pan out, bitcoin’s price dominance will fall very quickly. Now bitcoin will still slowly lose the percentage of its dominance and in the future it will inevitably lose it.

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Offline pambeasely1

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Re: Btc 100% in control of the market may not end
« Reply #5 on: February 10, 2022, 01:14:00 PM »
With the inception of bitcoin, the government loses control over the currency system due to decentralization.
The Bitcoin ecosystem is still developing, making it possible if not likely that Bitcoin itself will continue to evolve over the coming decades. But however Bitcoin evolves, no new bitcoins will be released after the 21-million coin limit is reached.

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Re: Btc 100% in control of the market may not end
« Reply #6 on: February 10, 2022, 05:37:34 PM »
Yes you are right. I think this is an important reason for this. The impact of the bitcoin market is on the entire crypto market. Due to which it will remain in the crypto market for a long time. This is a very influential and important coin.

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Re: Btc 100% in control of the market may not end
« Reply #6 on: February 10, 2022, 05:37:34 PM »


Offline msz900

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Re: Btc 100% in control of the market may not end
« Reply #7 on: February 10, 2022, 05:55:12 PM »
Soon, Bitcoin will break the previous record and will reach to the new height of $100k or above as in 2021 BTC pumped to $60k and in 2022 the expected minimum target is $100k.
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Online TomPluz

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Re: Btc 100% in control of the market may not end
« Reply #8 on: February 11, 2022, 11:45:02 AM »


Though Bitcoin has not yet reached a new ATH, am expecting that we can say Bitcoin winter is not gaining ground and can now start to grow from thereon. There can be some good upward movements in the first quarter of this year. Now, am not so sure when altcoins will be making their moves but for Ethereum I think it is following the lead of Bitcoin so we can see the two making dramatic moves soon.

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Re: Btc 100% in control of the market may not end
« Reply #9 on: February 12, 2022, 01:11:57 AM »
BTC is still the king of the crypto market and all investors refer to the price of BTC to determine the trend of the market. At this point BTC price has recovered 30% since 33K, but Altcoin price has not had such a big recovery, BTC.D is up and the money is focusing on BTC. I think this is also good because we only need to follow BTC to see the most important news of the market. Things will get more complicated in the future if BTC.D is too low.
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Offline syedrasool2011

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Re: Btc 100% in control of the market may not end
« Reply #10 on: February 12, 2022, 05:43:46 AM »
for me its control 1000% bitcoin it will be huge coming soon I earn loot of money from crypto am still holding my all coins and bitcoin because I trust bitcoin.
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Offline collinsjie

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Re: Btc 100% in control of the market may not end
« Reply #11 on: February 12, 2022, 11:31:46 AM »
It was not end soon. Being the first and the most popular crypto that almost the world known. BTC domination in the crypto market has been a thing that is affecting great projects in the crypto space. Somrthing I do thing that it not support to so, but we can help it.
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Offline legend45

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Re: Btc 100% in control of the market may not end
« Reply #12 on: February 12, 2022, 03:29:53 PM »
I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

I think Bitcoin will exist for along years again, because there is no coin like bitcoin, Bitcoin is the biggest market cap and remaining be number one on CMC.

Offline mlawson71

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Re: Btc 100% in control of the market may not end
« Reply #13 on: February 12, 2022, 06:34:25 PM »
Bitcoin's price has always affected the price of most altcoin, I believe it has long been like that. It's not really anything new and I really doubt that will change anytime soon.

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Re: Btc 100% in control of the market may not end
« Reply #14 on: February 13, 2022, 09:52:26 AM »
I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

In my opinion bitcoin will always control the crypto market.
Because bitcoin is the King of crytpo currency.
Ether or other are just follower.

 

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